Egyptian Ghabbour family takes $30 million hit on GB Corp stock
Egypt’s Ghabbour family sees $30 million wiped off the value of its GB Corp stake after a sharp share price drop on the Egyptian Exchange.
Credit Bank, owned by Kenya’s Nyachae family, acts on $15.5 million loan dispute
Kenya’s Credit Bank, owned by the Nyachae family, wins court approval to sell Upper Hill land over a $15.5 million loan dispute.
Jay-Z’s MarcyPen plans $500 million push into K-culture
Jay-Z’s MarcyPen plans a $500 million push into K-culture, partnering with Hanwha to back Asian consumer and entertainment brands.
Access Holdings, led by Aig-Imoukhuede, acquires Standard Chartered Bank Cameroon
Access Holdings, led by Aigboje Aig-Imoukhuede, has acquired Standard Chartered Bank Cameroon, expanding its regional banking network.
50 Cent’s Sean Combs docuseries proceeds to support alleged victims
Proceeds from 50 Cent’s Sean Combs docuseries to support alleged victims during his federal trials and civil lawsuits.
Cameroonian businessman Célestin Tawamba acquires Grands Moulins assets
Célestin Tawamba completes the purchase of Grands Moulins units in Cameroon and Congo, strengthening Cadyst Group’s regional footprint.
Kenyan businessman Rasik Kantaria almost $900 million richer in 2025
Kenyan businessman Rasik Kantaria adds nearly $900 million to his fortune as FMB Capital shares soar over 500 percent in 2025.
Congolese Rawji family’s CIMKO to invest $300 million in DR Congo cement
CIMKO, partly owned by the Congolese Rawji family, plans a $300 million expansion to boost DR Congo cement output to 3 million tons.
South African tycoon Mustaq Brey’s Brimstone sells part of Oceana stake for $37 million
Mustaq Brey’s Brimstone sells part of its Oceana stake for $37 million to strengthen its balance sheet and refocus its investments.
King Mswati III, Africa’s last absolute monarch, permits northern Eswatini gold search
King Mswati III approves Eswatini Ventures to explore gold in northern Hhohho, marking a new step in the kingdom’s mining sector.
South African tycoon John Copelyn’s HCI to sell The Point Mall for $55.7 million
HCI, led by John Copelyn, to sell Cape Town’s The Point Mall for $55.7 million to reduce debt and reallocate capital.
Ghanaian tycoon Daniel McKorley urges graduates to innovate and create opportunities
Ghanaian tycoon Daniel McKorley urges graduates to innovate, solve problems and create opportunities beyond traditional jobs.
Kenyan tycoon TK Muya’s Family Bank raises $61 million in oversubscribed share offer
Kenyan tycoon TK Muya’s Family Bank raised $61.8 million in an oversubscribed share offer, boosting capital to expand lending and support regional growth ambitions.
Moroccan billionaire Anas Sefrioui loses $135 million as Addoha slides
Moroccan billionaire Anas Sefrioui loses $134.9 million as Addoha shares slide, cutting the value of his majority stake below $1.03 billion.
Moroccan businesswoman Lamia Tazi’s Sothema targets CIALIS assets from Eli Lilly
Moroccan businesswoman Lamia Tazi’s Sothema aims to acquire CIALIS assets from Eli Lilly to expand specialized therapies in Africa.
Ugandan businessman Ketan Morjaria's Credit Bank under fire after $8.7 million property auction
Kenya’s Credit Bank faces scrutiny after judges froze an $8.7 million land transfer, raising questions over how the lender handled its own property auction.